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An importer in Singapore must pay USD7 million for Dell computers in 60 days. The bank gives the following quotationSGD/USD.831922, 12:15. If the importer locks
An importer in Singapore must pay USD7 million for Dell computers in 60 days. The bank gives the following quotationSGD/USD.831922, 12:15. If the importer locks in the exchange rate, how much SGD must be paid in 60 days?
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